If you’re married, should you file jointly or separately?

Married couples have a choice when filing their 2025 federal income tax returns. They can file jointly or separately. What you choose will affect your standard … [Read more...]

Businesses need to look before they leap abroad

U.S. businesses may want to operate abroad for many reasons. Examples include opportunities to grow their customer bases, diversify revenue streams, establish … [Read more...]

Some small businesses can still benefit from the health care coverage credit

Tax credits reduce tax liability dollar-for-dollar. As a result, they can be more valuable than deductions, which reduce only the amount of income subject to … [Read more...]

When is it appropriate to use a performance improvement plan versus a disciplinary action?

Answered by the HR Experts Performance improvement plans (PIPs) are best suited for performance issues, such as an employee not hitting their required sales … [Read more...]

Before claiming a charitable deduction for 2025, make sure you can substantiate it

If you itemize deductions on your 2025 individual income tax return, you potentially can deduct donations to qualified charities you made last year. But your … [Read more...]

Increase your current business deductions under tangible property safe harbors

Did your business make repairs to tangible property, such as buildings, equipment or vehicles, in 2025? Such costs may be fully deductible on your 2025 income … [Read more...]

QuickBooks Online new inventory features—January 2026

Check out the newest inventory updates this month to QuickBooks Online. Four new sets of inventory features Done-for-you inventory quantity … [Read more...]

Can we deduct from an exempt employee’s salary when they’re on intermittent FMLA leave?

Question: Can we deduct from an exempt employee’s salary when they’re on intermittent FMLA leave? Answered by the HR Experts This content is provided by the … [Read more...]

How the new Trump Accounts for children will work

A new tax-advantaged way to help children build up savings for the future was created by the One Big Beautiful Bill Act (OBBBA): Trump Accounts (TAs). Under a … [Read more...]

Why silence about fraud only makes it worse

Business owners generally experience a range of emotions — including anger, bewilderment and embarrassment — if fraud occurs in their organization. Fraud can … [Read more...]